Chris Hurn is an odd bird: He’s a serial entrepreneur like so many of us, but he’s also a banker. He actually started a bank a few years ago, which in the midst of what’s going on in the world, is a major accomplishment.
I met Chris in a private Mastermind Group I had the privilege of being a part of, and he’s one of the sharpest guys in any room.
I interviewed Chris about building long-term equity. This is easier in some businesses than others. If you’re in manufacturing or software development that might be easier than a service, consulting or publishing business.
"What should I do next to grow my business this year?" Take my 2-minute quiz and I'll show you where you'll get the most bang for your buck.
In this interview we discuss quietly building equity in the same commercial real estate that your business inhabits – with significant tax advantages.
This would normally be considered way off topic in Planet Perry, but it probably applies to 10-20% of us. Here, Chris discusses a relatively straightforward way to build up millions of dollars of long-term equity. He also discusses a seldom-mentioned US government lending program called a 504 that makes commercial property ownership much more realistic.
Here’s Chris, with a wealth strategy more people need to be aware of:
Get Chris’s book “The Entrepreneur’s Secret to Creating Wealth”
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